Rate decisions this week


The majority of central banks making monetary-policy calls this week kept rates unchanged, citing both improving economic prospects and lingering uncertainties over the weakness of the recovery.

The Bank of Korea held its base rate at 2% in a decision announced on Thursday. The central bank's Monetary Policy Committee cited recoveries in domestic economic activity and consumer price inflation, and said it would "maintain the accommodative policy stance for the time being with an emphasis on sust

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